P & M Electrics Bexhill Ltd

Key Facts

Net Assets

Current: £467

Previous: £8,606

Change: -8,139 (-94.6%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £8,278

Previous: £7,209

Change: +£1,069 (+14.8%)

Comment: Current assets grew moderately.

Cash

Current: £2,032

Previous: £2,805

Change: -£773 (-27.6%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £9,363

Previous: £16,587

Change: -£7,224 (-43.6%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £1,085

Previous: £9,378

Change: -£8,293 (-88.4%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £618

Previous: £772

Change: -£154 (-19.9%)

Comment: Fixed assets reduced noticeably.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.